SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (7387)5/4/1998 9:57:00 AM
From: VincentTH  Read Replies (1) | Respond to of 14162
 
Herm,

It depends on the brokerage firm.

At Waterhouse, I bought the INTL LEAPS 2000 70 for $19, and sold the Oct 90 for $5 last month. The margin requirement is $250 per contract.

At Fidelity, I tried to do the same for CPQ, buying the 2000 LEAPS $15 (LKPAC) for $11, and selling the Jul 27.5, but the margin requirement is $10,000 (for the initial spread, and $0 for any additional), so I ended up buying the stock instead.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News